Save time by listening to our audio articles as you multitaskThe first sign of trouble came on April 28th. In a quarterly earnings call Brian Olsavsky, Amazon’s chief financial officer, said that the e-commerce titan’s warehouses were overstaffed, costing about $2bn in the past year. A memo leaked a week later from Meta, Facebook’s parent company, said the firm was putting a freeze on new hires in most teams.
Much of the jobs growth came from startups and newly listed companies. But the tech giants, too, were adding plenty of employees. Between 2020 and 2021 Amazon, Meta and Netflix all increased their full-time staff by over a fifth. The ranks at Microsoft and Alphabet swelled by 11% and 16%, respectively.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Giving up the rules for a hot summer bodyTips for a ‘hot girl summer’ are as frazzling as ever…
Source: Lifestyle - 🏆 131. / 51 Read more »
Passengers told to avoid Tube on Monday during 24-hour strikeMembers of the Rail, Maritime and Transport union are walking out over jobs and pensions If the Poms could elect themselves a functional, caring government, they could really go places. at the time when people cant afford too Loose money for not going or able to get to work
Source: Evening Standard - 🏆 92. / 53 Read more »
My son, the rock god | Séamas O’ReillyBeing a big brother brings responsibilities, to crying babies and cooing monsters of rock
Source: Lifestyle - 🏆 131. / 51 Read more »
Wales deny Ukraine to reach first World Cup in 64 yearsBREAKING: Wales have reached their first World Cup finals in 64 years after an emotional 1-0 victory over Ukraine in Cardiff. Didn't Wales get the Memo ..... 🤔
Source: MetroUK - 🏆 13. / 82 Read more »
28 Of Bella Hadid’s Ultimate Vintage Looks That Prove Pre-Loved Is BestFrom vintage Vivienne Westwood corsets to archival Versace on the red carpet.
Source: BritishVogue - 🏆 14. / 80 Read more »
Prince George showing 'shoots of leadership' at Queen's Jubilee, expert saysPrince George did his best to keep his cool as he mimicked his father Prince William while his four year old brother Louis stole the spotlight with his cheeky behaviour
Source: OK_Magazine - 🏆 12. / 84 Read more »